NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $22.76 as of 9:30 a.m. ET, the dividend yield is 0.9%.
The average volume for SunTrust Banks has been 8.1 million shares per day over the past 30 days. SunTrust Banks has a market cap of $12.1 billion and is part of the
industry. Shares are up 27.1% year to date as of the close of trading on Friday.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services in the United States. The company has a P/E ratio of 17, below the average banking industry P/E ratio of 17.2 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates SunTrust Banks as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full